Bed & Breakfast And Conference Center With Real Estate
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $225000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 4 - 5
Inventory 255000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will provide training
Reason for Sale Other ventures
Description Ready for business Bed & Breakfast sitting on 15 acres of beautiful, secluded land in eastern middle Tennessee. The building sits in view of a breathtaking bluff that is visible from every rear room of the property. The transaction would include most furnishings and any other building or fixture on the property and is ready for immediate operation.
Sale price includes the real estate valued at $1.4MM; furniture and fixtures valued at $250K. The physical assets will include the Bed & Breakfast which is approximately 10,000 sq feet, approximately 15 acres of land, a 2500 sq ft. storage building, a pavilion with historic value and a gazebo.
This business has a huge amount of potential for growth. In addition to the B&B, the amount of acreage allows for some additions to the property such as an on site dinner restaurant, wedding pavilions, or additional conference center/retreat buildings.
This business is the only one of it's kind within a 50 mile radius that offers the services they do. It is in a prime location off interstate 40 and very unique by trade and appearance.
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